Is it cheaper to rekey or replace locks?

When you find yourself in need of a locksmith service, one of the first questions you might ask is whether it’s more cost-effective to rekey your locks or replace them entirely. Both options offer distinct advantages depending on the situation, but in terms of cost, it’s important to weigh the pros and cons of each before making a decision. At BS Locksmith LLC, we understand that keeping your home or business secure while managing expenses is a priority. In this article, we’ll break down the differences between rekeying and replacing locks and help you determine which is the most cost-effective solution for your needs.

What is Lock Rekeying?

Before diving into cost comparisons, it’s essential to understand what lock rekeying entails. Rekeying a lock involves altering the internal mechanisms of the lock so that it works with a new key. This process doesn’t require changing the entire lock; instead, the locksmith simply changes the pins inside the lock cylinder to match a new key. Rekeying is often a good option when you’ve lost your keys, moved into a new property, or need to limit access to certain areas without having to replace all the locks. For many homeowners and business owners in Aurora, CO, rekeying offers a quick and affordable way to improve security without the need for a complete lock replacement.

What Does It Mean to Replace a Lock?

On the other hand, replacing a lock means removing the old lock and installing a brand-new one. This option is typically more expensive because it involves purchasing a new lock and paying for the labor required to install it. New locks may also come with advanced features, such as electronic keypads or smart lock capabilities, which can increase both the cost of the lock itself and the installation.
Replacing locks might be the better choice if your locks are outdated, damaged, or if you simply want to upgrade your security system. However, it’s important to evaluate whether a lock replacement is truly necessary or if rekeying might suffice.

Rekeying vs. Replacing Locks: Which Is Cheaper?

In most cases, rekeying a lock is significantly cheaper than replacing it. This is because rekeying simply requires adjusting the existing lock mechanism rather than purchasing a new lock and installing it. The labor involved in rekeying is also less time-consuming, which translates to lower service costs. For example, rekeying a single lock may cost anywhere from $50 to $150 depending on the type of lock, the complexity of the job, and the locksmith service provider. In contrast, replacing a lock typically costs between $100 and $250, depending on the type of lock being installed and whether it includes advanced features like smart technology or high-security mechanisms.

Factors That Affect the Cost of Rekeying or Replacing Locks

While rekeying is generally the more affordable option, there are several factors that can influence the final cost. Here are a few things to consider when deciding between rekeying or replacing locks:
1. Number of Locks
If you need multiple locks rekeyed or replaced, the cost will add up. For a large number of locks, rekeying may still be more affordable, but replacing all your locks could become quite expensive. The more locks you need to address, the more you’ll pay for both rekeying and lock replacement.
2. Type of Lock
The type of lock you have plays a significant role in cost. Basic mechanical locks are cheaper to rekey and replace than more advanced locks like smart locks or high-security locks. Smart locks or high-tech options often require more time to install and may have higher upfront costs. If you have a newer or more advanced lock, rekeying may not always be an option, and a replacement might be necessary.
3. Condition of the Lock
If your lock is damaged or worn out, rekeying may not be an option. Locks that are no longer functioning properly due to wear and tear may need to be replaced. In this case, replacing the lock is the best solution, but it will naturally cost more than rekeying.
4. Urgency
If you need a locksmith to come out quickly, emergency locksmith services can be more expensive. Whether you’re rekeying or replacing locks, the cost may increase if the service is needed outside of regular business hours. If you’re dealing with an emergency lockout or need urgent rekeying, it’s important to keep this in mind when budgeting for your locksmith service.
5. Location
The cost of locksmith services can also vary depending on your location within Aurora, CO. Some areas may have higher labor costs, and locksmiths might charge more for travel time or additional fees depending on how far they need to travel to reach your property. Always ask for a quote upfront to avoid surprises.

When Is Rekeying the Best Option?

Rekeying is typically the best option in the following situations:
• Lost or Stolen Keys: If your keys are lost or stolen, you can rekey your locks to prevent unauthorized access without having to replace the entire lock.
• Moving into a New Home or Business: When you move into a new property, you can rekey the locks to ensure that no one else has access to your space.
• Changing Access: If you want to limit access to certain areas without replacing locks, rekeying is an affordable way to adjust access control.
• Damaged Locks: If the lock itself is in good condition but the key or cylinder is faulty, rekeying can solve the problem without the expense of full replacement.

When Is Lock Replacement the Better Choice?

While rekeying is cost-effective, lock replacement may be a better choice if:
• The Lock Is Damaged Beyond Repair: If the lock is broken, worn out, or malfunctioning, replacing it is the only way to restore security.
• Upgrading Security: If you want to upgrade your security system with smart locks or high-security options, replacing the locks will allow you to enhance your protection.
• Outdated Locks: If your locks are outdated and no longer meet your security needs, replacing them with newer models will give you peace of mind.

Affordable Locksmith Services in Aurora: Rekey or Replace Your Locks

When deciding between rekeying and replacing locks in Aurora, CO, rekeying is usually the more affordable choice. However, if your locks are damaged or you need to upgrade your security, replacing the locks may be the better option. At BS Locksmith LLC, we offer both rekeying and lock replacement services to meet your needs. Whether you’re securing your home, business, or vehicle, our team is ready to provide professional and affordable locksmith services. If you’re unsure whether to rekey or replace your locks, we’re here to help. Reach out to us for expert advice and reliable locksmith service in Aurora, CO.

BS Locksmith LLC
2993 S Peoria St Ste 136, Aurora, CO 80014
(720) 372-8021

MOBILE LOCKSMITH 24/7